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re: A $4.03 hourly wage in 1973 had the same purchasing power that $23.68 would last year.

Posted on 4/22/19 at 1:35 pm to
Posted by ThatMakesSense
Fort Lauderdale
Member since Aug 2015
14832 posts
Posted on 4/22/19 at 1:35 pm to
quote:

So someone making 3.5x the minimum wage in 1973 had the same purchasing power as someone making 3.26x the minimum wage today? Meaning that wage earners are better off now than they were then, yet pretend to be worse off? Meaning millennials really ARE shitty with money? 

Shocking.


You're forgetting to account for inflation, Keynes.
Posted by Evolved Simian
Bushwood Country Club
Member since Sep 2010
20625 posts
Posted on 4/22/19 at 1:36 pm to
quote:

You're forgetting to account for inflation, Keynes.




What the frick do you think the OP is about, dumbass? Inflation.
This post was edited on 4/22/19 at 1:39 pm
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